Kacific Broadband Satellites Group (Kacific) has selected Tata Communications, a leading global digital infrastructure provider, to provide terrestrial connectivity services as it readies for the launch of its first satellite, Kacific1. Tata Communications will provide global internet and state-of-the-art cyber security services for Kacific’s Ka-band satellite network. Christian Patouraux (CEO, Kacific) said, “Kacific chose to…
Child Labour is an outcome of various socio-economic problems such as poverty, economic backwardness and illiteracy. The Government is committed to eliminate Child Labour in the country. It has amended the Child Labour (Prohibition & Regulation) Act, 1986 and enacted the Child Labour (Prohibition & Regulation) Amendment Act, 2016 which came into force with effect…
Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organization, has won the U.S. Chamber of Commerce Foundation’s 2019 Citizens Award. It is in the category of Best Commitment to Education Program for its Ignite My Future in School (IMFIS) program. The Annual Citizens Awards program recognizes the most innovative and…
CreditAccess Grameen Limited (“CAGL”), India’s leading microfinance institution, has announced the signing of definitive agreements for acquisition of a controlling majority in Madura Micro Finance Limited (“MMFL”) and subsequently, a merger of MMFL into CAGL (“Transaction”). The Board of Directors of CAGL and the Board of Directors of MMFL at their respective meetings held today…
Mindtree, a global technology services and digital transformation company, has been positioned as a Rising Star in three categories as part of the ISG Provider Lens™ Quadrant report on “Public Cloud – Solutions & Service Partners 2019.” The company also got recognized for strong hyperscale partnerships and automation tools. Mindtree was recognized as a Rising…
The CRISIL Credit Ratings has communicated to Thomas Cook (India) Ltd., and uploaded on its portal, reaffirming its corporate credit rating of ‘CCR AA-/ stable’ to Thomas Cook (India) Ltd. (TCIL). Additionally, CRISIL has reaffirmed its rating on the debt programmes and bank facilities of Thomas Cook (India) Limited at ‘CRISIL AA-/Stable/CRISIL A1+’. In its…
L&T Technology Services(LTTS), a leading global pure play engineering services company, has now been recognized among the top service providers in innovation and capability for Internet of Things (IoT) Technology and Services in the Zinnov Zones IoT Services Rating for 2019. Zinnov has also positioned LTTS as ‘Leader’ across 7 other unique expertise areas. The…
Affle (India) Limited, the leading consumer intelligence platform company, has announced that it has been awarded the Great Place to Work recognition in the mid-size company category by the Great Place to Work Institute, a well-established global authority on identifying and authenticating workplace culture and practices. This recognition is a result of an extensive evaluation…
Bajaj Auto Limited (BAL), the leading automaker of India, has joined hands with Yulu, the largest shared e-mobility service provider, to transform urban commute in India. Bajaj Auto Ltd is investing $8mn in YULU, to compliment this strategic relationship. Yulu will source from Bajaj electric two-wheelers which have been co-designed and manufactured exclusively for shared…
NIIT limited, a global leader in Skills and Talent Development, announced ‘FutureFest’, an initiative to encourage college students to enhance their knowledge on new-age skills through future ready programs, together with their regular studies and academic curriculum. NIIT will organize career fests nationally across 50 colleges in India, wherein experts will reach out to 25,000…
Tata Consultancy Services (TCS), a leading global lT services, consulting and business solutions organization, and the Singapore Management University (SMU), has announced that the SMU-TCS iCity Lab’s SHlNESeniors project has won Constellation Research’s 2019 SuperNova Award in the category Al & Augmented Humanity. The Constellation SuperNova Awards celebrate the leaders and teams who successfully apply…
Tejas Networks has announced that it has signed a Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL), India’s premier defence solution provider. The MoU envisages strategic cooperation, covering the use of Tejas’ optical transmission, access and data-switching products for domestic and export markets by jointly capitalising on the emerging opportunities in defence communication, strategic…
Mumbai-based White Organics launches its e-commerce portal for online shopping of its 130+ products containing pure organic fruits and veggies. The new e-commerce portal will provide customers an easier way to learn about different range of White Organics products, benefits and offers. The company has commenced operations in its company owned Logistic Hub at Tilak…
Bharti Airtel (“Airtel”), India’s largest integrated telecommunications company, has announced the acquihire of Gurgaon-based startup Quikmile, which focuses on building tech-enabled logistics platforms for India. As per a statement issued by Airtel- “Quikmile’s team will now be a part of Airtel X Labs – Airtel’s digital innovation factory, which focuses on IoT, Digital Engineering, Artificial…
Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, has announced that it has won the “Best Lending Implementation” award for the project at Roha Housing Finance in the IBS Intelligence FinTech Innovation Awards 2019. The award recognizes the rapid four month implementation of Nucleus FinnOne Neo…